14 Mulberry Ln · Omro, WI 54963

$19,000

2 bd · 1.0 ba · 896 sqft · SingleFamily · 10 Days on market

Built 2001

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +3.3/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Don't sleep on this Omro Fixer, 2 spacious bedrooms, 1 bath, Full size laundry, Open concept kitchen with breakfast bar and spacious living room. With a little sprucing up this could be a cozy spot to call home. New shed, Covered entry and Off-street parking, quite spot conveniently located in Omro. Home is part of an estate being sold As-is. $475 per month lot fee plus Buyer pays Water & Sewer. 64x14, HOLPK, Built 2001, Issued 9/3/2004 Sale is for purcahse of home only, no land included.

Key facts

• Open concept kitchen
• Covered entry
• Off-street parking

Tags

• OPEN CONCEPT KITCHEN
• BREAKFAST BAR
• SPACIOUS LIVING ROOM
• NEW SHED
• COVERED ENTRY
• OFF-STREET PARKING

Property features AI

Finance

• Other: Sold/Offered as-is

Exterior

• Utilities: Municipal water; Municipal sewer; Natural gas
• Home design: Single-family property; Slab foundation (no basement)
• Construction: Vinyl exterior
• Exterior features: Deck; Storage building (outbuilding)

Interior

• Kitchen: Kitchen on the main level (12 x 13); Breakfast bar; Range/Oven; Refrigerator; Microwave
• Bedrooms: Primary bedroom on the main level (11 x 13); Second bedroom on the main level (11 x 11)
• Bathrooms: One full bathroom; No ensuite bath in the primary bedroom
• Heating & cooling: Forced air heating; Central air conditioning; Natural gas fuel
• Interior features: Great room; Cathedral/vaulted ceilings
• Laundry & utility: Washer; Dryer

🏷️ Possibly a rental listed for sale. The $19,000 price doesn't fit this home's estimated sale value (~$208,768) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $19k.

Deal economics

• At list price, monthly cash flow is $836 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $19k).

Location & tenants

• Location reads 66/100 on livability (#448 in WI) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: schools D, amenities F, commute F.
• Omro School District (rural): math 37% / reading 37% proficiency, ranked #186 of 342 in WI (top 54%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 14 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 652 units permitted in Winnebago County in 2024 (333 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $131 of loan paydown is wiped out by about $570 of value loss. Plan a longer hold.
• Winnebago County population projected at +3% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $5k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.

Recommended offer $19,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 6.44% ✓
• Cap rate: 59.07%
• Cash-on-cash: 188.49%
• DSCR: 9.39
• GRM: 1.3

CMA / ARV

• ARV (on-the-fly): $208,768
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1213 E Main St	0.13mi	2/1.0	877 (-2%)	20mo	$120,000	$137	74
708 Pine St	0.68mi	3/1.0 (+1)	1,008 (+12%)	8mo	$235,000	$233	36

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 10.43×
• Total profit: $50,163
• Equity at exit: $2,833

10-year hold

• IRR: —
• Equity multiple: 22.11×
• Total profit: $112,290
• Equity at exit: $1,643

Cash invested: $5,320 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 73 Landlord-Friendly
• State Wisconsin: 73 Landlord-Friendly · R+2
• County: — inherits STATE
• City: — inherits STATE

5-day notice; preempted; Madison / Milwaukee have some local enforcement.

Methodology + full state rankings →

ZIP-level market 54963

• Home prices YoY: -34.2%
• Active inventory: 14
• Price-to-rent: 1.3×

Monthly cashflow live

• Estimated rent: $1,224 medium
• Mortgage (P&I): −$100
• Tax est. 1.5%: −$24 /mo · $285/yr
• Insurance: −$8
• HOA: −$0
• Vacancy / Maint / Mgmt: −$257
• Net cashflow: $836

Break-even live

Break-even rent $166

Max offer price $19,000

Occupancy floor 27%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $4,750
• Closing costs: $570
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1670 Huckleberry Ave Omro, WI	1.0–3.0	1.0–2.0	950	$1,224	$1.29	13d	6	0.22mi

Listing history 9 events

1. 2026-06-15
   status $19,000 Pending 10 DOM
2. 2026-06-15
   days on market $19,000 Active 10 DOM
3. 2026-06-14
   days on market $19,000 Active 8 DOM
4. 2026-06-13
   days on market $19,000 Active 7 DOM
5. 2026-06-10
   days on market $19,000 Active 5 DOM
6. 2026-06-09
   days on market $19,000 Active 4 DOM
7. 2026-06-08
   days on market $19,000 Active 3 DOM
8. 2026-06-07
   remarks 495-char remark
9. 2026-06-07
   listed $19,000 Active 2 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $14,688
• − Mortgage interest: −$1,064
• − Property taxes: −$285
• − Insurance: −$95
• − Repairs & maintenance: −$1,175
• − Management: −$1,175
• − Depreciation: −$553
• Taxable income: $10,341
• Est. tax owed @ 24.0%: −$2,482
• After-tax cash flow: $7,546/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Omro School District
• NCES district ID: 5510980
• Math proficiency: 37% ▲ 9.00%
• Reading proficiency: 37% ▲ 1.00%
• Median HH income: $59,410
• Composite: 32.92/100
• National rank: #5602
• State rank: #186 of 342 in WI

Livability — Omro

• Score: 66/100
• State rank: #448
• US rank: #11406

Category grades

Amenities F Commute F Cost of living A+ Crime A Employment B Housing A+ Health & safety D- User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Omro, WI
• Population (ZIP): 7,203

Population outlook (Winnebago County) Hauer SSP2

• Today (2025): 175,480 people
• By 2030: 177,928 · +1.4%
• By 2040: 180,873 · +3.1%
• By 2050: 181,302 · +3.3%
• By 2075: 184,071 · +4.9%
• By 2100: 175,932 · +0.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 2% Hispanic / Latino 1%
• Common ancestry: Romanian 8% Portuguese 7% Lithuanian 2%
• Foreign-born: 1%
• Languages at home: 99% English-only · German/W. Germanic 1% Spanish 1%

Political lean MEDSL · Winnebago

• 2024 margin: Toss-up / Even · D 46.9% · R 51.7% · Other 1.4%
• 2008→2024 swing: -16.4pp toward R · 2008: 11.7pp · 2024: -4.8pp
• All cycles: 2024: R+4.8 2020: R+4.0 2016: R+7.4 2012: D+3.8 2008: D+11.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -101.14%
• Current HPI: 194.1198
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.10%
• F500 in state: 20

Industry mix (Fortune 500 HQ in WI)

Industry	F500 HQs	Revenue
▸Industrial Machinery	4	$23B
▸Industrial Technology	2	$36B
▸Insurance	1	$36B
▸Professional Services	1	$19B
▸Utilities	1	$9B
▸Consumer Goods	1	$3B

Price history

1 event — show timeline

• 2026-06-05 Listed $19,000 SCWMLS